#United States #Bethesda #Beacon Pointe #The Family Firm #Women's Advisory

Beacon Pointe Advisors Expands into Washington D.C. with Acquisition of The Family Firm

In a significant move aimed at enhancing its regional footprint and commitment to female-led financial services, Beacon Pointe Advisors has officially acquired The Family Firm, a well-established financial advisory firm based in Bethesda, Maryland. This acquisition marks another strategic transaction for Beacon Pointe and reinforces its dedication to offering client-centric services, particularly catering to women's unique financial needs.

The Family Firm, which manages approximately $857 million in assets, has built a strong reputation over the last four decades for its personalized financial planning and investment management services. Known for integrating investment strategies with tailored planning, the firm has successfully guided many professionals and business owners through the complexities of wealth management and retirement planning. Anchored by its two female partners, Kate Fries and Stacy Bakri, The Family Firm brings a wealth of experience and a robust understanding of nurturing women's financial journeys, which is a core mission shared by Beacon Pointe.

This acquisition, which officially closed on September 15, 2025, brings Beacon Pointe's total assets under advisement to about $49 billion. Notably, this marks the tenth transaction for Beacon Pointe this year, indicating a rapid pace of expansion and a growing influence within the industry. By integrating The Family Firm into its broader network, Beacon Pointe enables its clients to access enhanced resources and comprehensive services across its extensive allWEALTH® platform.

Stacy Bakri, one of the founding partners of The Family Firm, expressed confidence in the partnership, stating, "As we got to know Beacon Pointe's leadership, it became apparent that their understanding of the unique challenges faced by independent advisory firms aligns perfectly with our vision. This collaboration will only serve to deepen the level of personalized care our clients have come to expect from us."

Beacon Pointe's CEO, Shannon Eusey, shared her insights about the acquisition, highlighting that The Family Firm's values of providing community-focused, deeply personal financial guidance resonate with Beacon Pointe’s mission. Eusey stated, "We are thrilled to merge our expertise and enhance our offerings through this partnership. The Family Firm's approach is a model we genuinely admire and strive to embody within our practice."

In addition to bolstering its presence in Maryland, this merger is set to enhance Beacon Pointe’s initiative through its Women's Advisory Institute, an in-house program designed to better serve female clients. The ongoing commitment to providing specialized support and expertise to women navigating various life stages is a core tenet of both firms.

The Family Firm's ten dedicated professionals will continue to operate under its established brand, leveraging the backing and resources of Beacon Pointe while maintaining their legacy of exceptional financial advisory services. This seamless integration aims to provide clients with access to increasingly sophisticated financial strategies while preserving the personalized service they have always valued.

Beacon Pointe's strategic acquisition of The Family Firm reflects its broader vision of fostering innovation in wealth management and adapting to the unique demands of a diverse clientele. As both firms look ahead, the partnership is positioned to set a new standard in client-first service, demonstrating that thoughtful collaboration and a focus on personalized care can indeed reshape the financial landscape.

For more information about Beacon Pointe Advisors and their new offerings through The Family Firm, visit their official website at www.BeaconPointe.com.